Allison act - The usual designation is the Bland-Allison act; the act (Allison's amendment of the
Bland bill) which was passed over the veto of President Hayes and became a law February 28,
1878, providing for the purchase by the government of not less than $2,000,000 and not more
than $4,000,000 worth of silver bullion each month and the coinage of it into silver dollars, these
to be legal tender. It was superseded by the so-called Sherman act, which see.
Bland bill) which was passed over the veto of President Hayes and became a law February 28,
1878, providing for the purchase by the government of not less than $2,000,000 and not more
than $4,000,000 worth of silver bullion each month and the coinage of it into silver dollars, these
to be legal tender. It was superseded by the so-called Sherman act, which see.
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